By Binod Ghimire in The Kathmandu Post, June 26, 2023Amid growing demand for a revision of the national budget, even the ministers and ruling party leaders have said the House can amend the budget if the legislature deems it necessary. Taking part in the budget deliberations on Sunday, they said the concerns of the lawmakers expressed in the weeks-long discussions must be addressed. The national budget is mandatorily presented in the House on Jestha 15…
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Debt restructuring: Govt. looking at reclassifying Chinese debt
By globalpoliticsnews on February 19, 2023
By Mandana Ismail Abeywickrema in The Morning, Feb 19, 2023China’s bilateral debt to reduce to less than 50%Govt. has made representations to IMF on the moveDiscussions also ongoing on Chinese debt restructuringG20 ministers to discuss SL on 23-24 February in Delhi The Government has made representations to the International Monetary Fund (IMF) that it is working on reclassifying some of Sri Lanka’s bilateral debt in order to finalise the country’s debt restructuring programme in line…